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Discovery income slumps in Q1 as DTC subs reach 15M; Discovery+ slates Plimsoll series Discovery, Inc.’s first quarter earnings fell well short of Wall Street estimates Wednesday (April 28) with the media company posting a 63% drop in net income to $140 million, down . April 28, 2021 Discovery, Inc.’s first quarter earnings fell well short of Wall Street estimates Wednesday (April 28) with the media company posting a 63% drop in net income to $140 million, down from $377 million in Q1 2020. Revenues, meanwhile, rose 4% to $2.79 billion year on year, matching forecasts. President and CEO David Zaslav said Discovery+ which launched in January –  currently has 15 million total paying direct-to-consumer subscribers, having crossed the 13 million mark at the end of March.

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